NET INCOME PER COMMON SHARE (Tables)

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

Components Of Computation Of Basic And Diluted Net Income Per Common Share

Components of the computation of basic and diluted net income per common share were as follows (dollars in thousands, except per share amounts):

	Quarter Ended March 31
	2013			2012
Basic net income per common share
Numerator for basic net income per common share:
Net income	$	34,918		$	45,170
Series A and B preferred share dividends		(5,270	)		(5,213	)
Unvested stock award participation in earnings		(32	)		(107	)
	$	29,616		$	39,850
Denominator for basic net income per common share:
Weighted average common shares outstanding		95,560			89,980
Average unvested stock awards outstanding		(540	)		(531	)
		95,020			89,449
	$	0.31		$	0.45
Diluted net income per common share
Numerator for diluted net income per common share:
Net income	$	34,918		$	45,170
Dividends on antidilutive convertible preferred shares		(5,195	)		(5,138	)
Unvested stock award participation in earnings		(32	)		(107	)
	$	29,691		$	39,925
Denominator for diluted net income per common share:
Weighted average common shares outstanding		95,560			89,980
Average unvested stock awards outstanding		(540	)		(531	)
Net effect of dilutive stock and option awards		121			102
Net effect of dilutive convertible preferred shares		309			308
		95,450			89,859
	$	0.31		$	0.44

Potentially Dilutive Securities Excluded From Computation Of Net Income Per Common Share

Potentially dilutive securities excluded from the computation of net income per common share because the effect of inclusion was antidilutive during the indicated periods were as follows (in thousands):

	Quarter Ended March 31
	2013		2012
Antidilutive convertible preferred shares		16,493		16,415
Antidilutive equity awards excludable under the treasury stock method:
Shares issuable under option awards		35		10